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Coinbase sacks 1,100 employees amid cryptocurrency crash

    Coinbase sacks 1,100 employees amid cryptocurrency crash

Coinbase, one of the biggest cryptocurrency exchanges in the world, says it is laying off 1,100 of its employees in order to “stay healthy during this economic downturn”. Brian Armstrong,

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Naira drops 0.3% to trade N607/$ at parallel market

    Naira drops 0.3% to trade N607/$ at parallel market

The naira, on Tuesday, depreciated further against the dollar at the parallel segment of the foreign exchange (FX) market. Bureaux De Change operators (BDCs), popularly known as ‘abokis’ quoted the

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‘Nigeria not defrauded in OPL 245 deal’ — UK court rules against FG in JP Morgan case

    ‘Nigeria not defrauded in OPL 245 deal’ — UK court rules against FG in JP Morgan case

Nigeria has lost its $1.7 billion claim against JP Morgan Chase Bank over the transfer of proceeds from the sale of OPL 245 in 2011. In the judgement delivered on

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Osinbajo: Africa must collaborate with world to benefit from int’l taxation initiatives

    Osinbajo: Africa must collaborate with world to benefit from int’l taxation initiatives

Vice-President Yemi Osinbajo, says Africa needs to deepen cooperation and collaboration with the rest of the world to enjoy maximum benefit from international taxation initiatives. Osinbajo spoke at the opening

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Coca-Cola, Brown-Forman partner to launch alcoholic product

    Coca-Cola, Brown-Forman partner to launch alcoholic product

Brown-Forman Corporation, the producer of Jack Daniel’s and Coca-Cola have partnered to release a branded, ready-to-drink (RTD) canned version of

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ICRC: Nigeria to begin production of military, paramilitary uniforms January 2023

    ICRC: Nigeria to begin production of military, paramilitary uniforms January 2023

The Infrastructure Concession Regulatory Commission (ICRC) says Nigeria will begin local production of uniforms for its military and paramilitary personnel

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Bitcoin price drops below $25,000 — lowest since December 2020

    Bitcoin price drops below $25,000 — lowest since December 2020

Bitcoin, the world’s largest crypto by market cap, has dropped 12 per cent to $24,138. According to CoinMarketCap, the price

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Blackout as national grid suffers collapse — fifth time in 2022

    Blackout as national grid suffers collapse — fifth time in 2022

Nigeria’s electricity grid has collapsed again, causing a blackout in states across the country. Major electricity distribution companies (DisCos) in

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Okonjo-Iweala: WTO members must respond swiftly to global crises

    Okonjo-Iweala: WTO members must respond swiftly to global crises

The World Trade Organisation (WTO) has urged members to respond to global crises with a sense of urgency. Ngozi Okonjo-Iweala,

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CBN: We’ll introduce USSD code for eNaira transactions

    CBN: We’ll introduce USSD code for eNaira transactions

The Central Bank of Nigeria (CBN) has announced plans to introduce an unstructured supplementary service data (USSD) code to improve

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